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Property profile & analytics
OFF-MARKET
Land

0 Sec Sh-78 & Fm-432 Wylie, TX 75098

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel presents a unique investment opportunity in the rapidly growing city of Wylie, Texas, located in Collin County. The property boasts a ±2.0-acre pad site with frontage on FM-544, directly across from a Tom Thumb grocery store. This highly visible location offers excellent potential for a variety of retail developments. Additionally, there are approximately ±5.5 acres available (which can be subdivided), suitable for office, medical office, or fitness center development. Wylie's impressive population growth, a 173% increase from 2000 to 2010, underscores the strong demand for commercial properties in this area. The site benefits from its proximity to a major Kroger grocery store, serving a trade area of 95,000 people with an average weekly customer count exceeding 55,000. Furthermore, Wylie High School (currently enrolling 2,428 students) is conveniently located approximately 2 miles away, and the newly opened Collin Community College, projected to enroll 7,500 students, is situated just north of the property. This strategic location, coupled with the significant population growth and established retail presence, makes this a compelling investment opportunity for developers seeking a high-growth market. The property's size and flexibility allow for a variety of development options, catering to diverse commercial needs. This is a rare chance to acquire a substantial land parcel in a thriving Texas community.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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